Which of the following best states the main criticism of the ...

[Wadzanai]

Which of the following best states the main criticism of the Sherman Act?
 a. It was overly harsh.
  b. It was unnecessary at the time.
  c. It was too vague.
  d. It duplicated existing law.
  e. It came too late in the Industrial Revolution.

Question 2

A decline in demand in a competitive industry will result in
 a. a decrease in equilibrium price
  b. a decline in the number of firms in the industry
  c. economic losses for some firms in the industry
  d. a decline in the equilibrium quantity
  e. all of the above

[Amiracle]

Answer to Question 1

C

Answer to Question 2

D

[Wadzanai]

Thanks for the timely response, appreciate it

[amandanbreshears]

Excellent